Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.
BlockFi filed for bankruptcy in the wake of FTX’s collapse.
Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore.
Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons.
Based on the precedent set by many crypto projects, including this week’s example with Arbitrum’s airdrop of its ARB token, the speculation over a possible zkSync airdrop isn’t totally unfounded.
The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.
Go to Source Author: George Kaloudis
Ashley Rindsberg – a speaker at CoinDesk’s Consensus festival – argues that the New York Times has a track-record of dangerous misreporting. Is “DeMe” the answer to what skews to the media?
U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board (FASB).
